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's supporters to pressure congress to increase taxes on the wealthy by releasing a report estimating consumers could spend dplooerl $200 billion less in 2013 if no deal is reached. joining me now live from capitol hill is luke russert. luke, what are you hearing from senators regarding this? i note that chuck todd said we should expect some to go against the pledge. it's interesting to see what the house republicans say. >> that is the whole thing, tamron. sure, you're hearing the senate talking about moving toward a bipartisan deal. you're seeing concessions by folks like saxby chambliss and other folks, however, then tire debate comes down to negotiations between president obama and house speaker boehner. specifically what can he sell to the house republican conference. they've been very stubborn in terms of moving toward any significant raising of tax rates in order to garner revenue. we heard plans that they really do see a way forward with the combination of spending cuts, closing tax loopholes. this so-called vagueness we do not know the specifics oup, they're saying, folks, support this
an alternative minimum tax he had been talking about for the really wealthy. >> 30% or something. >> anybody from 1 to $10 million. also talked a little bit about raising the -- >> same thing he's been saying all along. >> he added that when it comes to who should be paying the higher taxes, he wants the threshold to be $500,000. >> and you see steven rattner on on talking about capital gains, deductions and things you've talked about a lot. >> time for the global markets report. ross westgate totally still confuse aed about thanksgiving and pilgrims. what was all the hoopla about? you celebrate boxing or something, don't you? like we lost a great boxer. is that what you celebrate? what is boxing day? >> boxing day, the day of a christmas. >> you wrap all your presents in boxes? >> i think it's something to do with all the presents. i'm not quite sure. >> yeah, put them in boxes. >> maybe. >> so you ignored our thanksgiving. but feeling okay again? >> yeah. you know, it's okay. it's all right. it's gone. now we can concentrate on the run up to christmas. and how much shopping we have to do. >> a
norquist's anti-tax pledge. saying they're open to letting revenues rise if democrats do their part in the budget talks. >> when you're $16 trillion in debt, the only pledge we should be making to each other is to avoid becoming greece, and republicans should put revenue on the table. i will violate the pledge, long story short, for the good of the country only if democrats will do entitlement reform. >> a pledge you signed 20 years ago, 18 years ago is for that congress. for instance, if i were in congress in 1941, i would have signed the declaration of war against japan. we're not going to attack japan today. the world has changed, and the economic situation is different. >> so peter king is telling us, mike barnicle, not only is he going soft on taxes, he's going soft on japan. >> i know. >> it's not just peter king on the taxes. it's a big step, don't you think? >> it's a big step. >> grover. yeah, grover's taking a big hit since the election. there's no doubt about it. i think john, you'd verify this. number of republicans, i've talked to a couple of united states senators who
putting limits on their no tax pledge and telling grover norquist to get lost. but remember, there's only one of those people in the houpts. >>> keeping home and change alive. president obama's aits are hoping to keep the campaign going and use their new leverage at the polls to bin the fight for higher taxes against the wealthy. >>> this is "hardball," the place for politics. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> get ready for some more partisan agendas in the state governments across the country. that's because some january at least 37 states will be under single party control. 37 of them. with one party holding both houses of state legislatures and the governorship. and that's the largest number of states under single part
everybody, our start start this morning the fight over the cliff intensifies. remember that no tax hike pledge. new signs that the gop may be starting to rebel from that. maybe a compromise before the 35-day deadline passes. and congress gets back to work this morning. plus a power grab in egypt. mohamed morsi under fire for granting himself extraordinary powers. will that affect cease-fire talks between israel and hamas? they're happening in egypt today. >> and $59 billion! retail records broken as americans crowded stores for some competitive shopping over the weekend. and now cyber monday is here. will shoppers be in even more of a spending mood? >> you want to talk about money? a new powerball jackpot. a new record in the cash payout. it's unreal. >> a packed two hours ahead for you this morning. new jersey congressman bill pascrell will be joining us, grover norquist, jamie rubin, dr. hanan ashrawi, will be our guest, peter billingsley from a christmas story, and grinle college hoops star jack taylor. remember him? big game he had the other day. and the one and only tony benne
almanac had today. >> we want to know what taxes are going to be. there is a big -- one of the things i look at the charts every weekend. i'm pathetic. i have them delivered to my door. everything stops in the house. utility stocks are horrendous. i think that's people saying, look, dividend is going to -- >> 39.6 on your dividends will be a different story. >> have you seen those charts? they are the worst. >> i get them delivered as well of course. >> who doesn't? >> saturday morning i like to get up and look at my charts. >> i think we have something in common. i feel better. >> three tech companies known for their beaten down stocks are getting good news from the street today. facebook upgraded to outperform over at bernstein. cibc raising rimm and yahoo! added to the conviction buy list at goldman sachs. cnbc and yahoo! have a business alliance to share and co-produce editorial content. my favorite is rimm. >> i love that. >> the blackberry 10 is locked in for january 30th. they say the carrier feedback will become more clear and a lack of new competing devices -- not sure on what
to pay tax i think on your winnings in the u.s. but there is also only a one in 176 million chance of winning. but what would you do if you did scoop the top prize? e-mail us at worldwide@cnbc.com, @cnbcwex, or @rosswestgate. >>> and warning of an impact of the strong yen on growth, but the job of solving that doesn't lie on the bank of japan alone. more when we come back. >>> it's cyber monday and shoppers are expected to spend more than $1.5 billion. >> from the moment you check out at amazon.com, the prz begins. your item is picked, sorded, packed and shipped. this is what the holidays look like here at amazon. to give you perspective, this is just one of 40 fulfillment centers across the country packed with thousands of items in time for the holiday rush. and they'll need them. last cyber monday, they sold more than 200 items per second. one glance at the shelves and it seems work hes put stuff wherever they can find space. >> it helps associates where they don't have to worry about putting things. >> so wherever there is space, there will be product. gr and it doesn't matter c
Search Results 0 to 6 of about 7

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